In order to prepare the MSMEs to create a value chain for the new regime, it is important that quality and competitiveness of Indian MSME is enhanced over a period of time. It will also provide an opportunity to units to strive to continuously improve its processes thereby aiming to move up the maturity assessment model (Bronze-Silver-Gold-Diamond-Platinum).
The Rating is a weightage average of the marks obtained on each parameter.
The rating provided will be valid for a period of 4 years. Surveillance audit will be carried out by QCI.